Cryptopolitan
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FinCEN’s crypto wallet regulations frozen by President Biden
TL;DR Breakdown Joe Biden orders all federal agencies to suspend all regulatory processes. FinCEN had earlier proposed that all crypto...
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President Biden to nominate ex Ripple advisor as OCC chief
TL;DR Breakdown: President Biden might nominate Michal Barr to head the US OCC. Barr had served as an advisor for Ripple Labs. A...
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CBDC: Bank of France reveals interbank settlement testing results
TL;DR Breakdown French Central Bank releases results of CBDC testing. Central banks across the world have begun massively working on...
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Dubai to introduce crypto regulations framework soon
TL;DR Breakdown A financial authority in Dubai is looking to implement new crypto regulations. The regulation would cover digital assets...
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Digital Ruble could be prone to fraud – ARD
TL;DR Breakdown The Association of Russian Banks says Digital Ruble poses a number of risks. A top Russian government official says the...
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FCA skeptic about cryptocurrencies? Here’s what experts say
TL:DR Breakdown As Bitcoin went from the record $42,000 to a low of $35,000, its volatility is a matter of discussion amongst the...
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20% Crypto tax to be introduced in South Korea in 2022
TL;DR Breakdown South Korea sets to implement a 20% crypto tax from 2022 Cryptocurrency transaction now attracting new tax regime across...
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FCA reminds crypto investors of risks associated with investment
TL;DR Breakdown FCA warns crypto investors of risk on investments Regulators highlights five concerns bordering them The UK...
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Crypto tax regulation: IRS working to make it clearer
TL;DR Breakdown Internal Revenue Service is looking to clarify all crypto tax regulations FinCEN alters FBAR rule to allow for...
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E-Krona: Swedish bankers express concerns
TL;DR Breakdown Swedish banks express concerns over the implementation of E-Krona The apex bank of the country however, appears...
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Stablecoins payment: US banks gets OCC nod
TL;DR Breakdown OCC says banks can now use blockchains and stablecoins for payment processes The crypto market has reacted...
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Crypto tax: IRS to go tough on defaulters
TL;DR Breakdown IRS looking to enforce its crypto tax rules Numbers of countries looking to impose tax on the industry has...
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US legislators call for delayed response to FinCEN new crypto regulation
TL;DR Breakdown Legislators join Coinbase to delay response date set for new FinCEN new regulation Legislators also align...
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Crypto tax: India slams huge tax on large BTC transactions
TL;DR Breakdown India is looking to impose a crypto tax on their citizens Israel and Russia are also looking to impose a tax...
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Crypto rule: Congressmen demand deadline extension
TL;DR Breakdown US Congressmen want Treasury Department to extend deadline for public comments on its proposed new crypto rule The...